Rs 6 Dividend, 1:2 Bonus Issue: Mumbai-based Trent Limited has fixed May 29, 2026, as the record date for its first-ever bonus share issue, giving clarity to shareholders eligible for the corporate action. The Tata Group retail company had earlier announced the bonus issue along with its March quarter earnings and a final dividend recommendation.
Bonus issue details
The board of Trent had approved a bonus issue in the ratio of 1:2, which means shareholders will receive one bonus equity share of Re 1 each for every two fully paid-up equity shares held as on the record date.
In an exchange filing, the company said Friday, May 29, 2026, has been fixed as the record date for the issuance of bonus equity shares, subject to statutory and regulatory approvals and shareholder approval through postal ballot.
This marks the first bonus issue by Trent, which operates major retail brands including Westside, Zudio and Star.
The company had earlier said that in view of the proposed bonus issue, the recommended dividend per share would be proportionately reduced after the increase in the number of equity shares, if approved by shareholders.
Dividend record date announced
Separately, the board has fixed Wednesday, June 10, 2026, as the record date for dividend payment.
If shareholders approve the dividend at the upcoming Annual General Meeting (AGM), the payout will be made on or after Friday, June 26, 2026, after deduction of applicable tax at source.
The dividend recommendation announced with Q4 results was Rs 6 per share.
The company said dividend will be paid to beneficial owners holding shares in demat form as per depository records and to shareholders holding physical shares after valid transmission or transposition requests.
AGM on June 23
Trent’s 74th Annual General Meeting is scheduled for Tuesday, June 23, 2026, where shareholders will consider both the dividend proposal and other key resolutions.
Q4 profit rises over 32 per cent
Trent reported a 32.57 per cent year-on-year rise in consolidated net profit at Rs 413.1 crore for Q4 FY26, compared with Rs 311.6 crore in the same quarter last year.
Revenue from operations rose 19.23 per cent to Rs 5,027.99 crore from Rs 4,216.94 crore a year ago.
At the operating level, EBITDA climbed 44 per cent year-on-year, while operating EBIT margin improved to 11.5 per cent from 9.7 per cent in the year-ago quarter.
The company said consumer sentiment remained relatively stable at the beginning of Q4, though discretionary spending stayed under pressure due to macro uncertainties, geopolitical developments, and concerns over rising cost of living.
Trent share price
The stock closed at Rs 4,266 on Monday, up 0.12 per cent for the day.